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ifo Institut – Leibniz-Institut für Wirtschaftsforschung an der Universität München >
CESifo Working Papers, CESifo Group Munich >
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http://hdl.handle.net/10419/46544
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| Title: | | The Euro changeover and price adjustments in Italy  |
| Authors: | | Caporale, Guglielmo Maria Girardi, Alessandro Ventura, Marco |
| Issue Date: | | 2011 |
| Series/Report no.: | | CESifo working paper: Monetary Policy and International Finance 3386 |
| Abstract: | | By estimating a staggered price model over the period 1980q1-2010q2, this paper documents that, after the euro changeover, Italian retailers have increased the number of price adjustments, which has translated into a higher inflation rate, with a detrimental effect on the competitiveness of the Italian economy. |
| Subjects: | | Euro changeover staggered price adjustments inflation |
| JEL: | | C22 E31 |
| Document Type: | | Working Paper |
| Appears in Collections: | | CESifo Working Papers, CESifo Group Munich
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